Harford Mutual Partners With Leading Canadian Tech Firm Ecopia AI

Bel Air MD

27 July, 2021

1:43 PM

Description

BEL AIR, MD —Harford Mutual Insurance Group, which sells commercial property and casualty insurance products, announced Tuesday a partnership with Toronto-based Ecopia AI, which produces high-definition vector maps using artificial intelligence. According to a release, Harford Mutual will use Ecopia's data and maps for automated calculation of aggregate risk value. Ecopia's building-based geocoding solutions offer the most comprehensive database of building footprints across the U.S., according to Ecopia. The maps are expected to give Harford Mutual a better understanding of the proximity of individual risks to one another. "This partnership with Ecopia will enable next-generation building-based property intelligence, providing more accurate spatial data on our business portfolio, while simultaneously increasing the efficiency of our underwriters," said Gail Bianco, IT business manager at Harford Mutual Insurance Group. Ecopia said its HD vector maps are used for hundreds of commercial and government applications across over 100 countries around the world, and representatives from the company said Ecopia is excited to add Harford Mutual to the list of partners. "(This partnership) will allow Harford Mutual to leverage the power of Ecopia's AI and geospatial data to better assess risk and ultimately better protect their clients," said Jon Lipinski, co-founder and president of Ecopia."